NVACF - Nova Cannabis reports Q3 results
- Nova Cannabis press release ( OTCQB:NVACF ): Q3 gross margin growth of 71%, and positive operating profit
- Revenue of C$58.9M (+52.2% Y/Y).
- 85 stores currently operating at the date of this release, an increase of five stores since June 30, 2022, and 11 stores since the beginning of 2022.
- Nova expects to add three more stores in Alberta and Ontario in the remainder of 2022 and early 2023.
- Value Buds' private label offerings is expected to launch at the end of November 2022.
For further details see:
Nova Cannabis reports Q3 results